Download This Bill in Microsoft Word format
A344, R214, H4352
STATUS INFORMATION
Joint Resolution
Sponsors: Reps. Hodges and Dillard
Document Path: l:\council\bills\agm\19575ab10.docx
Introduced in the House on January 19, 2010
Introduced in the Senate on April 29, 2010
Last Amended on May 5, 2010
Passed by the General Assembly on May 12, 2010
Governor's Action: May 19, 2010, Signed
Summary: Microenterprises
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 1/19/2010 House Introduced and read first time HJ-3 1/19/2010 House Referred to Committee on Ways and Means HJ-3 1/21/2010 House Recalled from Committee on Ways and Means HJ-32 1/21/2010 House Referred to Committee on Labor, Commerce and Industry HJ-32 1/28/2010 House Member(s) request name added as sponsor: Dillard 4/22/2010 House Committee report: Favorable Labor, Commerce and Industry HJ-3 4/27/2010 House Read second time HJ-34 4/28/2010 House Read third time and sent to Senate HJ-24 4/29/2010 Senate Introduced, read first time, placed on calendar without reference SJ-14 5/4/2010 Senate Amended SJ-26 5/4/2010 Senate Read second time SJ-26 5/5/2010 Senate Amended SJ-25 5/6/2010 Senate Read third time and returned to House with amendments SJ-14 5/6/2010 Scrivener's error corrected 5/12/2010 House Concurred in Senate amendment and enrolled HJ-30 5/12/2010 House Roll call Yeas-88 Nays-0 HJ-30 5/13/2010 Ratified R 214 5/19/2010 Signed By Governor 5/26/2010 Effective date 05/19/10 9/9/2010 Act No. 344
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
1/19/2010
4/22/2010
4/29/2010
5/4/2010
5/5/2010
5/6/2010
(A344, R214, H4352)
A JOINT RESOLUTION TO ESTABLISH A STUDY COMMITTEE TO REVIEW, STUDY, AND MAKE RECOMMENDATIONS CONCERNING THE NEED TO FOSTER THE DEVELOPMENT OF MICROENTERPRISES IN THIS STATE, TO PROVIDE FOR THE STUDY COMMITTEE'S MEMBERSHIP, AND TO REQUIRE THE STUDY COMMITTEE TO REPORT ITS FINDINGS AND RECOMMENDATIONS TO THE GENERAL ASSEMBLY NO LATER THAN JANUARY 20, 2011, AT WHICH TIME THE STUDY COMMITTEE IS ABOLISHED.
Whereas, small enterprise is the backbone of our economy and vital to our collective prosperity, and microenterprises in particular provide incomes, goods, and services to many who otherwise might be deprived of them; and
Whereas, in addition to providing incomes, goods, and services to those in need, microenterprises are critical to recovery for the disabled, often providing them with flexible work schedules, a greater sense of self worth, and access to networking avenues in the community that differ greatly from the medical or treatment mode to which they may have become confined due to their disability; and
Whereas, critical to microenterprise creation is the availability of start-up capital, which is frequently difficult to obtain because potential microenterprises typically lack sufficient access to the commercial banking sector. Now, therefore,
Be it enacted by the General Assembly of the State of South Carolina:
Microenterprise and microbusiness defined
SECTION 1. For the purposes of this joint resolution, "microenterprise" or "microbusiness" means a sole proprietorship, partnership, or corporation that has fewer than five employees and generally lacks access to conventional loans, equity, or other banking services.
Study committee established
SECTION 2. There is established a study committee to review, study, and make recommendations concerning the need to foster the development of microenterprises in this State.
Study committee composition, successors, service without pay
SECTION 3. (A) The study committee must be composed of the following nine members:
(1) two members appointed by the Governor;
(2) two members appointed by the Speaker of the House of Representatives;
(3) two members appointed by the President Pro Tempore of the Senate;
(4) one member appointed by the President Pro Tempore of the Senate upon the recommendation of the South Carolina Banker's Association;
(5) one member appointed by the Speaker of the House of Representatives upon the recommendation of the South Carolina Business Initiative; and
(6) one member appointed by the Governor upon the recommendation of the Advisory Coordinating Council for Economic Development.
(B) Members of the committee shall serve until their successors are appointed and qualified, and vacancies must be filled for the remainder of the unexpired term in the same manner of original appointment.
(C) Members of the study committee shall serve without pay.
Reporting requirement, abolition
SECTION 4. The study committee shall make a report of its findings and recommendations to the General Assembly no later than January 20, 2011, at which time the study committee must be abolished.
Time effective
SECTION 5. This joint resolution takes effect upon approval by the Governor.
Ratified the 13th day of May, 2010.
Approved the 19th day of May, 2010.
This web page was last updated on Friday, August 16, 2013 at 1:57 P.M.